SanDisk said demand for AI-related storage is running ahead of expectations, with customers extending NBMs and increasing NAND purchases. Management said competitors are spending about 2.7 times more capital per petabyte, underscoring what it described as the company’s capital-efficiency advantage. The stock trades at 7.6x forward earnings; a return to an 11x multiple would imply about $2,350 per share, or 44% upside.

Microsoft said Azure’s annualized revenue has surpassed $100 billion. The company’s data-center expansion plans suggest compute capacity could triple to 38 GW by 2032, signaling confidence in long-term cloud demand. Copilot usage is stabilizing, which management says could support further monetization and platform scaling.

Dell Technologies reported fiscal Q2 2027 revenue of $47.0 billion and adjusted EPS of $7.04, both record highs. Infrastructure Solutions Group revenue surged 89% year over year to $31.8 billion, fueled by strong AI server demand, while Client Solutions Group delivered its strongest commercial growth in more than four years. Management raised its full-year revenue outlook to $192 billion and lifted its EPS guidance to $25.50.

Oracle reported record results for the first quarter of fiscal 2027. Oracle Cloud Infrastructure (OCI) revenue rose 121% year over year, helping drive strong overall revenue growth. The company also raised its outlook for future performance.

Adobe reported third-quarter results that beat market expectations on both revenue and profit, and it raised its full-year guidance. The company posted a record $6.8 billion in quarterly revenue. Annualized recurring revenue tied to AI rose 150% year over year, highlighting strong momentum in AI commercialization. Adobe’s valuation is viewed as attractive, and analysts remain optimistic about its performance.

Apple is entering the iPhone 18 cycle after reporting a 16% year-over-year increase in third-quarter revenue and a 22% rise in iPhone revenue. Higher memory costs drove an adjusted gross margin decline of more than 120 basis points sequentially. The $1,199 iPhone 18 Pro and the $1,999 foldable Duo are expected to test whether Apple can pass those rising costs on to consumers. At roughly 37x earnings, the company’s valuation hinges on resilient demand, margin improvement, services growth and eventual Siri AI monetization.

Micron Technology’s FY2026 third-quarter revenue jumped 346% year over year, and the company guided for FY2026 fourth-quarter revenue of up to $50b while expecting continued double-digit sequential growth. It also signed Strategic Customer Agreements totaling $22b that run through 2030, improving revenue visibility and reducing exposure to cyclical swings. The stock trades at 6.5x FY27 earnings, while tight market conditions are expected to last through at least 2027.

Contango Silver & Gold Inc. (CTGO) issued 2027 production guidance for the Manh Choh mine, targeting annual output of 75,000 ounces of gold. The company expects all-in sustaining costs (AISC) of $1,200$1,300 per ounce. It is also advancing an updated mineral resource estimate (MRE) for the Kitsault project and a feasibility study for the Lucky Shot project.

ASML management has raised its 2026 revenue guidance twice and now expects to ship about 65 low-NA EUV lithography systems, with EUV revenue projected to rise more than 45% year over year. After non-EUV sales slip in the mid-single digits in 2025, the company expects that segment to grow 25% in 2026. ASML also sees demand from customers including Samsung as a key driver of the next EUV growth cycle.